Irvine, California Lender Lends Money to Commercial Lithographic Printing Company
Thinking about meeting with an Irvine, California bank about an SBA loan? Here's one California business loan, issued by an Irvine bank, that was approved by the SBA.
Applying for an SBA loan with Spectrum Bank worked out well for our friends at one local business in Pasadena, California. They got an SBA loan for $1,073,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL LITHOGRAPHIC PRINTING
PASADENA, CA 91107
SBA Loan Lender
SPECTRUM BANK
15615 ALTON PKWY
IRVINE, CA 92618
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323110 - Commercial Lithographic Printing
Loan Approval Date
5/24/2005
Loan Approval Gross Amount
$1,073,000
Loan Approval from the SBA
Of the total $1,073,000 loan amount, the SBA guaranteed $804,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 35 employees. The SBA loan documents did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.
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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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